5550 Grasmere Avenue, Maple Heights, OH 44137

• 4 beds |
• 1 bath |
• 924 sqft

Property Description

ATTENTION INVESTORS & OWNER-OCCUPANTS: HIGH-END CASH COW IN MAPLE HEIGHTS. This fully remodeled single-family home at 5550 Grasmere is a proven performer, last rented at $2,350/mo through EDEN (similar to Section 8) at 100% subsidy with no tenant portion. With the published 2026 FMR for this zip code at $2,508 and the current tenant scheduled to move out in July 30, a new owner can step in and place a fresh tenant at today’s higher rent right away. The home was remodeled with high-end finishes throughout: quartz kitchen with new cabinets, hardware, and stainless steel appliances, brand-new furnace and hot water tank, and a fully tiled bathroom with backlit vanity mirrors. Four large bedrooms (two down, two up) plus a huge, clean, dry basement deliver standout rent-per-square-foot in a strong-rent Maple Heights market, with room to add value by finishing the lower level with two additional bedrooms, buyer to verify). Turnkey, low-maintenance, and ready to cash flow from day one—with optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 3:18AM

Listing Office:

Team Results Realty : 614-382-2124

Listing Agent:

Scott A Marvin : 614-382-2124

MLS ID:

5190367

Interior

• Appliances: RangeRefrigerator
• Basement: Full
• A/C: None
• Heating: Forced AirGasGravity
• Fireplace: Fireplaces: 0

Exterior

• Style: Traditional
• Other Structures: PorchDeckScreenedPatio
• Parking: DetachedGarage

Construction

• Roofing: Shingle
• General: BrickVinyl Siding2Block

Location

• Originating MLS: NOWDD_NORM
• School District: Maple Heights CSD - 1818
• County: Cuyahoga

Lot

• Zoning: 13 MAPLEBORO#2 0109 ALL781-15-101

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM